6 ms·
Seems like Ireland should have to pay the EU
by mandibles 2y ago
Seems like Ireland should have to pay the EU
- PaulDavisThe1st 2y agoThe EU isn't going to get the taxes (certainly not the vast majority of them). They just ruled that it isn't OK for Apple to have been given this tax break via specific accounting rules. It's Ireland that gets the windfall, whether it wants it or not.
- ensignavenger 2y agoI kind of agree, but I'm not an EU citizen and don't have any say in EU laws, so whatever :) If I were Apple, I would be a little miffed at this situation, though. It certainly makes me question whether or not I want to ever expand into the EU. But tax laws are too damn complicated in most other countries too. so maybe just budget for government incompetence?
- toyg 2y ago> It certainly makes me question whether or not I want to ever expand into the EU. Well, you are free to ignore one of the biggest markets on the planet. I'm sure your European competitors will enjoy filling your niche.
- tpm 2y agoNo, it's Ireland's money to collect and keep. The taxes don't go to the EU budget.
- hopsworks 2y agoOther countries in the EU, however, can sue ireland for taxes they missed out on. Which is probably what will happen. The money will be divided up over many countries.
- tpm 2y agoOn what basis exactly? Income is taxed where the company (Apple subsidiary) is headquartered, so they would have to prove Apple would have chosen a different country, which is not going to happen.